Tax deductions are specific expenses that the IRS allows taxpayers to subtract from their total income. By lowering taxable ...

While the old regime allows for various exemptions and deductions, the new regime offers reduced tax rates with limitations ...

Kentuckians $700 million and your voters will know about it,” one GOP legislator said. It cuts the income tax rate down from 4% to 3.5% by Jan. 1, 2026 ...

During his presidential campaign, Trump promised widespread tax cuts -- from no tax on tips or overtime to cutting federal ...

Metro leaders are proposing changes on how to raise money to build housing for people experiencing homelessness.

Achieving the goal of retiring at 50 with a start at 40 requires disciplined planning and a significant income.

Donald Trump’s election with Republican House and Senate majorities has put the Internal Revenue Service back in the spotlight. The agency lost $20 billion in funding under the latest deal to avoid a ...